In a recent government meeting, concerns were raised regarding the sale of a property located at 405 East Avenue, which was appraised at $99,000 but is being sold to the city of Wausau at a 40% discount. Supervisors questioned the fairness of this decision, particularly in light of the current real estate market where properties are often selling above their appraised values.

Supervisor Robinson emphasized the importance of getting properties back on the tax rolls to benefit taxpayers in Marathon County. He suggested exploring options for renegotiation with the city or considering a private sale to ensure a fairer transaction.

The committee responsible for the sale defended their decision, citing the need for development costs associated with preparing the property for housing. They referenced Resolution 6624, which highlights the county's commitment to addressing the critical housing shortage in the area. The sale agreement includes a stipulation that the property must be developed into housing within a specified timeframe. If the city fails to meet this requirement, the county retains the right to reacquire the property at the original sale price.

This transaction reflects a broader strategy to collaborate with local governments on the redevelopment of tax-delinquent properties, aiming to enhance housing availability and stimulate economic development in the community.